World’s largest oil reserves in spotlight after US arrest of Venezuela’s leader; global leaders react

Venezuela US

People cheer during a protest against the United States' capture of President Nicolás Maduro and his wife, Cilia Flores, at the Colorado Springs City Hall on Sunday, 4 January 2026. Credit: Jerilee Bennett/AP

Top Venezuelan officials say they will remain unified behind President Nicolas Maduro, who remains in custody in New York after he was captured in a U-S military operation over the weekend. The move has sparked global condemnation, and fears over international law, while drawing fresh attention to Venezuela’s vast oil reserves.


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